HBK Sorce Advisory LLC Buys 1,346 Shares of VanEck Semiconductor ETF $SMH

HBK Sorce Advisory LLC boosted its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 23.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,176 shares of the company’s stock after acquiring an additional 1,346 shares during the period. HBK Sorce Advisory LLC’s holdings in VanEck Semiconductor ETF were worth $2,584,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Flagstar Advisors Inc. boosted its holdings in VanEck Semiconductor ETF by 68.2% in the fourth quarter. Flagstar Advisors Inc. now owns 5,910 shares of the company’s stock valued at $2,128,000 after acquiring an additional 2,396 shares in the last quarter. Bright Futures Wealth Management LLC. bought a new stake in VanEck Semiconductor ETF in the third quarter valued at $1,934,000. Mezzasalma Advisors LLC boosted its holdings in VanEck Semiconductor ETF by 67.9% in the fourth quarter. Mezzasalma Advisors LLC now owns 15,159 shares of the company’s stock valued at $5,459,000 after acquiring an additional 6,130 shares in the last quarter. Assetmark Inc. boosted its holdings in VanEck Semiconductor ETF by 24.9% in the fourth quarter. Assetmark Inc. now owns 62,474 shares of the company’s stock valued at $22,499,000 after acquiring an additional 12,467 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. boosted its holdings in VanEck Semiconductor ETF by 58.4% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 32,481 shares of the company’s stock valued at $11,697,000 after acquiring an additional 11,973 shares in the last quarter.

VanEck Semiconductor ETF Price Performance

NASDAQ:SMH opened at $576.32 on Tuesday. The stock has a market cap of $66.96 billion, a P/E ratio of 34.83 and a beta of 1.70. The firm’s fifty day simple moving average is $467.28 and its 200 day simple moving average is $409.95. VanEck Semiconductor ETF has a twelve month low of $234.59 and a twelve month high of $582.50.

About VanEck Semiconductor ETF

The VanEck Semiconductor ETF (SMH) is an exchange-traded fund that is based on the MVIS US Listed Semiconductor 25 index, a market-cap-weighted index of 25 of the largest US-listed semiconductors companies. SMH was launched on May 5, 2000 and is managed by VanEck.